Series A Clean Energy Funders

Avaana Capital is an India-based venture capital firm investing in climate and sustainability solutions across sectors such as energy, mobility, agriculture, and industrial systems. The firm backs early-stage founders building scalable technologies that address climate change while driving economic growth. Co-founded by Anjali Bansal, Avaana combines deep operational expertise with a strong network across government, corporates, and global investors. The firm focuses on enabling the transition to a low-carbon economy through innovation and technology.

Clean Energy Ventures is a venture capital firm investing in early-stage climate technology companies developing disruptive energy innovations and decarbonization solutions. The firm focuses on backing founders building scalable technologies capable of achieving significant greenhouse gas emissions reductions over the coming decades. With deep expertise in climate investing and commercialization, Clean Energy Ventures works closely with startups advancing breakthroughs across energy, transportation, industrial systems, and climate infrastructure.

Climentum Capital is a European venture capital firm investing in early-stage climate hard tech companies driving the sustainable reindustrialization of Europe. The firm backs B2B technologies addressing emissions and resource constraints across energy, industry, infrastructure, and supply chains. Climentum focuses on companies moving from early commercialization toward industrial scale, providing capital and operational support for hardware, deep tech, and first-of-a-kind deployments. Its portfolio spans seven European countries and includes companies working across industrial decarbonization, energy systems, resilient supply chains, and climate infrastructure.

Congruent Ventures is a climate-focused venture capital firm that partners with early-stage entrepreneurs building transformative climate technology companies. With decades of climate tech investing experience, the firm supports founders who are innovating across atoms, bits, or business models to create solutions that do more with less. The firm focuses exclusively on North America-based teams and provides capital from formation stage through Series A, continuing to support portfolio companies as they scale. Congruent Ventures invests across multiple climate-related categories including mobility and urbanization, energy transition, and other decarbonization technologies, as demonstrated by their diverse portfolio and their 50 by 2050 initiative highlighting pioneering carbon reduction technologies.

EIT Climate-KIC is Europe's leading, independent climate innovation agency and community, working to create climate-resilient societies and fight the climate breakdown. Initiated by the European Institute of Innovation and Technology (EIT), Climate-KIC bridges the gap between climate commitments and current reality through innovation and systemic change. The organization works hand-in-hand with countries, regions, cities, and businesses across the globe to mobilize systems change and accelerate climate action. Climate-KIC orchestrates place-based transformations that ground climate action at the local level, prioritizing solutions developed and implemented in local contexts to build momentum and inspire action. Through partnerships, they generate, implement, and integrate climate solutions while facilitating learning to fuel faster and more ambitious climate action. Their work spans climate entrepreneurship, learning initiatives, and European missions including support for climate-neutral cities by 2030.

Energy Impact Partners is a global investment platform that brings together entrepreneurs, institutional investors, and leading energy, industrial, and infrastructure companies to accelerate the transition toward a cleaner, more resilient economy. The firm invests in innovative companies developing technologies across energy, climate, electrification, infrastructure, cybersecurity, mobility, and industrial transformation. Energy Impact Partners leverages its extensive network of strategic corporate partners to help portfolio companies scale faster, secure customers, validate products, and drive real-world deployment of transformative technologies.

Extantia is a Berlin-based climate tech venture firm that backs pioneers reimagining industries. The firm invests in software and hardware with large, near-term market opportunities: companies that can make a cleaner path also the faster or cheaper path for customers. Founded in 2020, Extantia describes itself as a climate tech generalist rather than a single-vertical specialist. Energy, industrial processes, buildings, transportation, and carbon removal all sit inside the mandate when the commercial wedge is clear. The sweet spot is early stage, roughly seed to Series A, with a primary focus on European founders and team coverage across Germany and the UK. The firm closed its Extantia Climate Flagship II vehicle at about €204 million, above a €150 million target, with institutional LPs that have included the European Investment Fund, KfW Capital, and other European public and private investors. Extantia also built Extantia Ignite, an internal sustainability and science capability used for impact analysis, and has tied part of manager economics to sustainability targets. Beyond writing checks, Extantia markets itself as a long-term operating partner on commercialization, organization building, and fundraising. For founders evaluating European climate VCs, the combination of a sizable flagship fund, generalist sector scope, and an explicit science/ESG process is the main differentiator.

Free Electrons is a global open innovation program connecting energy startups with world-leading utilities to co-create the future of energy. For the past decade, the program has facilitated collaboration between startups, utilities, and ecosystem partners to pilot breakthrough solutions, scale technologies through commercial deployment, and accelerate the energy transition. Through a series of modules held globally (physically and digitally), startups gain direct access to utilities, local accelerators, and experts to refine and test their solutions while exploring growth opportunities. The program has delivered significant impact across multiple markets, with millions invested in pilots, deployments, and direct investments, generating substantial value for participants. Free Electrons offers startups the opportunity to validate technologies with leading utility partners, co-create viable pilot projects, secure deals and investment (over $23M USD to date), and access a global network of mentors, technical experts, and innovation specialists.

The Green Accelerator (GA) is a Hong Kong–hosted, philanthropy-funded nonprofit platform that prepares scalable, bankable green projects in emerging markets and developing economies (EMDEs). It launched in 2026 at the Hong Kong Green Finance Association Annual Forum, with backing referenced in the Hong Kong SAR Government’s 2026–27 Budget. GA is built around the climate-finance “bankability gap”: many technically viable green projects in the Global South never reach financial close because they lack project preparation, proven operating models, and documentation that meet the investment criteria of multilateral development banks, sovereign wealth funds, and international commercial banks. The platform uses philanthropic capital for design, preparation, technical assistance, and capacity building so proven technologies can be assembled into investable portfolios. Work is organized across energy transition, sustainable food systems, circular economy, and water and climate resilience. A Steering Committee of founding members sets strategy; a secretariat and regional teams run day-to-day operations. Founding members named at launch include the Asian Infrastructure Investment Bank, the Cambridge Institute for Sustainability Leadership, the HKSAR Environmental Protection Department, GenZero, the Institute of Finance and Sustainability, the Silk Road Fund, and HSBC. The initiative is hosted by Sprinkles (HK) Charity Foundation, a Section 88 tax-exempt charity registered in Hong Kong, with listed office locations in Hong Kong, London, and Singapore.

Pay it Forward Ventures (PIF) builds better lives for billions by investing in source-solving rather than symptom-solving. They fund and found ventures that create new paradigms across financial technology, health, energy, and digital infrastructure — and donate 20% of GP profits to philanthropy because they believe in paying it forward.

Prosper Global Ventures is the early-stage impact investing and venture-building platform of Prosper Global, the global development organization formerly known as Mercy Corps. The platform was founded in 2015 as Mercy Corps Ventures and now operates as a family of funds backing founders whose technologies help people and markets withstand climate and economic disruption. Its Resilient Future Thesis is organized around three connected areas: adaptive agriculture and food systems, inclusive climate fintech, and climate-smart technologies. The team invests primarily across Sub-Saharan Africa and Latin America, prioritizing founders who understand the communities they serve and businesses that can scale across a region or globally. Earlier Fund I activity also included Southeast Asia. Prosper Global’s current Ventures page reports 61 early-stage companies supported, $753 million in follow-on capital catalyzed, and 46.3 million customers reached across 90 countries. Its 2025 impact report says 83% of portfolio companies had raised follow-on capital and 46% had at least one woman co-founder. These are Prosper Global Ventures’ reported portfolio figures, not independent impact measurements. The platform combines equity investment with pilots, technical assistance, impact measurement, partnerships, and post-investment support. Representative investments made under the Mercy Corps Ventures name include Pula, which provides agricultural insurance and advisory products for smallholder farmers; Floodbase, which develops flood-risk data and analysis; Wasoko, a last-mile commerce and financing platform for small retailers; AgriAku, an agricultural input marketplace; Ejara, an inclusive savings and investment platform; and Verqor, an agri-fintech platform serving farmers in Mexico. Prosper Global Ventures is embedded within Prosper Global’s humanitarian and development network, giving portfolio companies potential pathways to test products with communities affected by climate volatility, financial exclusion, fragile food systems, and infrastructure gaps. The venture platform is associated with Scott Onder, its co-founder and senior investment leader, while Tjada D’Oyen McKenna leads the parent organization as CEO.

Pulse Fund is a climate venture capital firm investing in early-stage companies across four interconnected sectors: food and agriculture, energy transition, infrastructure, and mobility. Founded in 2022 by Tenzin Seldon, the firm focuses on scalable solutions that address climate challenges across multiple industries. In September 2026, Pulse announced the $63 million close of its inaugural fund. Its portfolio includes Mast Reforestation, Twelve, Endera Motors, InventWood, BlocPower, Floodbase, Plantible Foods, and other climate technology companies. Beyond capital, Pulse provides strategic guidance, industry connections, operational support, governance expertise, and access to additional financing. Its investment approach emphasizes commercially viable solutions with long-term environmental impact, guided by a philosophy it calls Pulse Time: generating returns today while building for the next century.

Wavemaker Impact is Southeast Asia's climate-tech venture builder, co-founding startups with proven entrepreneurs to cut emissions at regional scale. Launched in 2021 as part of the Wavemaker Partners platform and led by founding partner Marie Cheong, the firm targets the region's largest emission sources in agriculture, energy, industry, built environment, and transport, with a long-term goal of helping reduce 10% of the global carbon budget by 2035.

World Fund is a European climate tech venture firm that backs founders building the technologies Europe needs to compete and to cut emissions at industrial scale. The firm is based in Berlin, with a wider footprint across Munich, Cologne, and Amsterdam, and it concentrates on deep tech in energy, industry, and food and agriculture. Unlike broad climate funds that stretch from consumer brands to carbon software, World Fund is explicit about hard technology and measurable decarbonization. Every opportunity is assessed through a Climate Performance Potential lens: can this product cut meaningful emissions if it scales, and can it win commercially in a real market? That framing is meant to keep climate impact and financial performance on the same page, not in separate decks. The founding partners include Daria Saharova, Danijel Višević, Tim Schumacher, and Craig Douglas. The first fund closed around €300 million, reported as one of the largest debut climate VC funds in Europe, with room for roughly 25 to 30 core investments and substantial follow-on capital. The team has been public about reserving a large share of the fund for later rounds, because European climate companies often struggle to bridge the Series B gap. Portfolio companies sit in the physical economy as much as in software. Examples that show the range include battery recycling (Cylib), industrial and building energy (Enerkii, aedifion, ecoworks), alternative proteins and food tech (Planet A Foods, Juicy Marbles, ENOUGH), and deep tech such as IQM Quantum Computers and Space Forge. For founders, the useful signal is simple: World Fund wants durable technology businesses with climate math that survives scrutiny.